Lemonade, Inc. (LMND) CEO Daniel Schreiber on Q2 2021 Results - Earnings Call Transcript

Aug. 05, 2021 1:04 PM ETLemonade, Inc. (LMND) StockLMND
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Q2: 2021-08-04 Earnings Summary

EPS of -$0.90 beats by $0.00
 | Revenue of $28.20M (-5.69% Y/Y) beats by $1.40M

Lemonade, Inc. (NYSE:LMND) Q2 2021 Earnings Conference Call August 5, 2021 8:00 AM ET

Company Participants

Yael Wissner-Levy - Head, Content and Communications
Daniel Schreiber - Co-Founder, Chairman & Co-CEO
Shai Wininger - Co-Founder, President, Co-CEO, CTO, Secretary, Treasurer & Director
Timothy Bixby - CFO

Conference Call Participants

Michael Phillips - Morgan Stanley
Joshua Shanker - Bank of America Merrill Lynch
Andrew Kligerman - Crédit Suisse

Operator

Hello, everyone, and thank you for joining the Lemonade, Inc Q2 2021 Earnings Conference Call. My name is Will, and I will be moderating the call today. [Operator Instructions].

I now have the pleasure of handing the call over to Yael Wissner-Levy from Lemonade. Please go ahead.

Yael Wissner-Levy

Good morning, and welcome to Lemonade's Second Quarter 2021 Earnings Call. My name is Yael Wissner-Levy, and I am the VP of Communications at Lemonade. Joining me today to discuss our results are Daniel Schreiber, Co-CEO and Co-Founder; Shai Wininger, Co-CEO and Co-Founder; and Tim Bixby, our Chief Financial Officer.

A letter to shareholders covering the company's second quarter 2021 financial results is available on our Investor Relations website, investor.lemonade.com.

Before we begin, I would like to remind you that management's remarks on this call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in the Risk Factors section of our Form 10-K filed with the SEC on March 8, 2021, and our other filings with the SEC. Any forward-looking statements made on this call represent our views only as of today, and we undertake no obligation to update them.

We will be referring to certain non-GAAP financial measures on today's call, such as adjusted EBITDA

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